Aspectele măsurabile ale procesului de realizare a convergenÅ£ei pe plan economic, a ţărilor UE reprezintă obiectivul principal al acestei lucrări. În acest scop, sunt prezentate ÅŸi aplicate metode statistice ÅŸi econometrice care pot evidenÅ£ia elementele caracteristice...

The construction of an Aggregate Financial Stability Index represents one of the methods used for assessing the level and dynamics of financial sector stability.

Urban systems are becoming increasingly complex as urban economies, social and political structures and norms, infrastructure systems and technologies evolve. Therefore, the development of operational urban simulation models is required in order to achieve an improvement of the quality of...

This paper deals with the Balassa-Samuelson effect in Romania. Using the cointegration technique, the main conclusions of the paper are that in the period 1998-2006 the average annual rate of inflation generated by the Balassa-Samuelson effect in Romania was between 0.11% in 2005 and 0.9% in...

The premise from which we start is that the main cause of economic crises is the constant attempt to create, what Georgescu-Roegen called, "entropy of contraband." The phrase refers to a fictional creation of an energy that does not exist. To prove this we describe the major crises that have hit...

The first part of the paper assesses the impact of asymmetric shocks on inflation in two new members states of the euro zone: Slovenia and Slovakia. The second part of the paper studies the issue of the inflationary process in Romania in the context of losing autonomous monetary policy after...

Using the most important criteria that should be taken into account when a monetary policy strategy is changed, this paper assess the opportunity of changing the status quo of the monetary policy in Romania with the inflation targeting monetary policy framework in 2005. The paper identifies the...

This paper explores some recent challenges for the inflation targeting. The circumstances are different for the emerging market countries and for the industrialized ones. In many emerging market countries the central banks adopted more or less formally the inflation targeting, in order to gain...